Ecolab Inc.
MX ˙ BMV ˙ US2788651006
SecurityMX:ECL / Ecolab Inc.
InstitutionForbes J M & Co Llp
Latest Disclosed Ownership34,212 shares
Latest Disclosed Value $ 9,101,076
Forbes J M & Co Llp reports 0.52% increase in ownership of ECL / Ecolab Inc.

On April 16, 2026 - Forbes J M & Co Llp filed a 13F-HR form disclosing ownership of 34,212 shares of Ecolab Inc. (MX:ECL) valued at $9,101,076 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 21, 2026 disclosing 34,036 shares of Ecolab Inc.. This represents a change in shares of 0.52% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-16 2026-03-31 13F ECOLAB COM 278865100 34,212 176 0.52 9,101 1.86 0.7631
2026-01-21 2025-12-31 13F ECOLAB COM 278865100 34,036 349 1.04 8,935 -3.14 0.7235
2025-10-28 2025-09-30 13F ECOLAB COM 278865100 33,687 456 1.37 9,226 3.04 0.7667
2025-07-18 2025-06-30 13F ECOLAB COM 278865100 33,231 40 0.12 8,954 6.41 0.8190
2025-05-06 2025-03-31 13F ECOLAB COM 278865100 33,191 1,025 3.19 8,415 11.64 0.8150
2025-01-28 2024-12-31 13F ECOLAB COM 278865100 32,166 125 0.39 7,537 -7.87 0.7254
2024-10-24 2024-09-30 13F ECOLAB COM 278865100 32,041 -75 -0.23 8,181 7.04 0.7990
2024-07-30 2024-06-30 13F ECOLAB COM 278865100 32,116 429 1.35 7,644 4.47 0.7832
2024-04-11 2024-03-31 13F ECOLAB COM 278865100 31,687 -448 -1.39 7,317 14.80 0.7931
2024-02-08 2023-12-31 13F ECOLAB COM 278865100 32,135 227 0.71 6,374 17.91 0.7406
2023-11-02 2023-09-30 13F ECOLAB COM 278865100 31,908 180 0.57 5,405 108,000.00 0.7025
2023-08-03 2023-06-30 13F ECOLAB COM 278865100 31,728 -3,908 -10.97 6 0.00 0.7370
2023-05-15 2023-03-31 13F ECOLAB COM 278865100 35,636 8,830 32.94 6 66.67 0.8067
2023-02-14 2022-12-31 13F ECOLAB COM 278865100 26,806 -8,645 -24.39 4 -99.94 0.5631
2022-11-14 2022-09-30 13F ECOLAB COM 278865100 35,451 648 1.86 5,120 -4.32 0.8009
2022-07-22 2022-06-30 13F ECOLAB COM 278865100 34,803 -679 -1.91 5,351 -14.59 0.7875
2022-05-09 2022-03-31 13F ECOLAB COM 278865100 35,482 -33 -0.09 6,265 -24.80 0.7922
2022-02-11 2021-12-31 13F ECOLAB COM 278865100 35,515 284 0.81 8,331 13.36 0.9569
2021-11-05 2021-09-30 13F ECOLAB COM 278865100 35,231 520 1.50 7,349 2.80 0.9276
2021-08-03 2021-06-30 13F ECOLAB COM 278865100 34,711 1,042 3.09 7,149 -0.82 0.9018
2021-05-14 2021-03-31 13F ECOLAB COM 278865100 33,669 758 2.30 7,208 1.22 1.0046
2021-02-11 2020-12-31 13F ECOLAB COM 278865100 32,911 405 1.25 7,121 9.62 1.0471
2020-11-13 2020-09-30 13F ECOLAB COM 278865100 32,506 548 1.71 6,496 2.17 1.0394
2020-08-10 2020-06-30 13F ECOLAB COM 278865100 31,958 67 0.21 6,358 27.93 1.1341
2020-05-15 2020-03-31 13F ECOLAB COM 278865100 31,891 813 2.62 4,970 -17.14 1.1095
2020-02-07 2019-12-31 13F ECOLAB COM 278865100 31,078 2,284 7.93 5,998 5.19 0.9814
2019-11-07 2019-09-30 13F ECOLAB COM 278865100 28,794 225 0.79 5,702 1.08 1.0968
2019-08-02 2019-06-30 13F ECOLAB COM 278865100 28,569 3,180 12.53 5,641 25.86 1.0889
2019-05-07 2019-03-31 13F ECOLAB COM 278865100 25,389 594 2.40 4,482 22.66 0.9601
2019-01-25 2018-12-31 13F ECOLAB COM 278865100 24,795 145 0.59 3,654 -5.43 0.8633
2018-11-02 2018-09-30 13F ECOLAB COM 278865100 24,650 22,890 1,300.57 3,864 1,464.37 0.8214
2018-08-10 2018-06-30 13F ECOLAB COM 278865100 1,760 -15 -0.85 247 1.65 0.0553
2018-04-18 2018-03-31 13F ECOLAB COM 278865100 1,775 -300 -14.46 243 -12.59 0.0566
2018-02-09 2017-12-31 13F ECOLAB COM 278865100 2,075 300 16.90 278 21.93 0.0642
2017-11-13 2017-09-30 13F ECOLAB COM 278865100 1,775 -5 -0.28 228 -3.39 0.0569
2017-08-10 2017-06-30 13F ECOLAB COM 278865100 1,780 0 0.00 236 5.83 0.0601
2017-05-12 2017-03-31 13F ECOLAB COM 278865100 1,780 0 0.00 223 7.21 0.0582
2017-02-15 2016-12-31 13F ECOLAB COM 278865100 1,780 0 0.00 208 -4.15 0.0573
2016-11-14 2016-09-30 13F ECOLAB COM 278865100 1,780 1,780 217 0.0593
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.